XPS Pensions Group’s (XPS) “Buy” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

XPS Pensions Group (LON:XPS)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank Aktiengesellschaft in a report released on Tuesday, Digital Look reports. They presently have a GBX 485 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 57.98% from the stock’s previous close.

Several other research firms have also issued reports on XPS. Canaccord Genuity Group reissued a “buy” rating and set a GBX 469 target price on shares of XPS Pensions Group in a research note on Thursday, September 3rd. Berenberg Bank reissued a “buy” rating and set a GBX 440 target price on shares of XPS Pensions Group in a research report on Monday, August 3rd. Finally, Royal Bank Of Canada raised XPS Pensions Group to an “outperform” rating and upped their price target for the company from GBX 430 to GBX 435 in a report on Wednesday, July 29th. Six analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 451.50.

XPS Pensions Group Trading Up 1.2%

XPS traded up GBX 3.50 during trading hours on Tuesday, reaching GBX 307. The company’s stock had a trading volume of 527,620 shares, compared to its average volume of 2,038,828. XPS Pensions Group has a fifty-two week low of GBX 275 and a fifty-two week high of GBX 368.50. The business’s 50-day moving average is GBX 314.07 and its 200-day moving average is GBX 311.23. The stock has a market cap of £623.30 million, a PE ratio of 24.76 and a beta of 0.34. The company has a debt-to-equity ratio of 44.65, a current ratio of 1.67 and a quick ratio of 1.51.

Insider Activity at XPS Pensions Group

In other news, insider Paul Cuff sold 319,195 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of GBX 340, for a total value of £1,085,263. Also, insider Ben Bramhall sold 302,077 shares of XPS Pensions Group stock in a transaction on Friday, August 7th. The stock was sold at an average price of GBX 340, for a total value of £1,027,061.80. In the last three months, insiders sold 1,110,388 shares of company stock valued at $373,250,270. 1.03% of the stock is currently owned by company insiders.

About XPS Pensions Group

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,300 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 83 with assets over £1bn.